FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
FINRA's Top 5 Fine Categories in 2020
By Melanie WaddellOverall, FINRA reported $57 million in fines in 2020, a 43% increase from 2019.
March 09, 2021
FINRA Looks at Reg BI in Light of GameStop FrenzyFINRA will consider whether Reg BI applies to game-like features in trading apps, CEO Robert Cook told Sen. Elizabeth Warren.
March 03, 2021
FINRA Bars Ex-LPL Rep Accused of Investing Client's Money in Ponzi SchemeThe former broker allegedly moved a client's IRA to a different administrator and used forged documentation to invest the money.
March 01, 2021
FINRA Fines Ex-Morgan Stanley Rep Over Inaccurate Meal Expense ReportsThe advisor sued Morgan Stanley for wrongful termination.
February 23, 2021
FINRA Fines BD Over Handling of CEO Email HackThe CEO, who was also the firm's chief compliance officer, ignored suspicious notifications for about four months, FINRA says.
February 23, 2021
FINRA Bars Ex-Wells Fargo Rep Over Private Securities TransactionsThe firm's former broker allegedly solicited clients to invest in a software company he was invested in, FINRA says.
February 19, 2021
Ex-Merrill Rep Barred for Keeping $100 Found at ATM: FINRAThe former broker and advisor was terminated by the firm in late 2019.
February 03, 2021
FINRA Targets 'Game-Like' Digital PlatformsAsked if it was concerned about potential FINRA sanctions, MassMutual says it's reviewing "Roaring Kitty" GameStop trading activity.